daytrades april 20 afternoon, page-24

howdy crew how are we all

took a self imposed day off yesterday as the US markets performance the night before has me worried

I think we may see a significant sell off for the following reasons

QE2 money printing is about to come to an end

VIX is very low too low and shows market complacency I was also compalcent having made too much easy money recently

We are coming up towards end of financial year and so will see alot of tax loss repositioning

Finally the the Sell in May and go away


I have closed out alot of my positions as a result of this

DYOR and trade the trade